The Squamish Valley Music Festival has been cancelled for 2016.
Organizers announced the cancellation on its website on Wednesday, March 2.
The statement said: "We have made the extremely difficult decision to not proceed with the 2016 festival, due to take place in August. This decision was not made lightly and we sincerely apologize to all the people this decision affects: the fans, artists, industry partners, corporate partners, suppliers and all of our supporters within the community of Squamish."
The festival was due to take place on August 5, 6 and 7.
The District of Squamish released a statement expressing their dismay: "The District of Squamish is extremely disappointed to learn that the Squamish Valley Music Festival will not proceed in 2016."
Squamish mayor Patricia Heintzman said: “It’s difficult to quantify the total impact of the festival, but we know there has been a massive injection of revenue, increased awareness and heightened profile for Squamish.
"Squamish Fest has helped our town transition to a place that has been recognized on ‘best of’ lists in A-list publications. It has become part of the tapestry of our town; and has given our community a great sense of pride. It was also a fantastically fun weekend that many of our residents enjoyed immensely as they were caught up in the spirit of music, art and the spectacular. We have played host to the world, and it has been a great honour.”
Heintzman said that she was grateful to festival organizer Paul Runnals for his "passion, vision and appreciation for Squamish."
She added: “We know that this decision was not made lightly.”
More to come...